Autonation Stock Net Income
| AN Stock | USD 159.52 1.25 0.79% |
AutoNation fundamentals help investors to digest information that contributes to AutoNation's financial success or failures. It also enables traders to predict the movement of AutoNation Stock. The fundamental analysis module provides a way to measure AutoNation's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to AutoNation stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 1 B | 1.1 B | |
| Net Income Applicable To Common Shares | 1.6 B | 1.7 B | |
| Net Income From Continuing Ops | 1 B | 624.1 M | |
| Net Income Per Share | 22.89 | 24.04 | |
| Net Income Per E B T | 0.76 | 0.43 |
AutoNation | Net Income |
AutoNation Company Net Income Analysis
AutoNation's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current AutoNation Net Income | 1.02 B |
Most of AutoNation's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, AutoNation is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
AutoNation Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for AutoNation is extremely important. It helps to project a fair market value of AutoNation Stock properly, considering its historical fundamentals such as Net Income. Since AutoNation's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of AutoNation's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of AutoNation's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
AutoNation Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, AutoNation reported net income of 1.02 B. This is 99.78% higher than that of the Specialty Retail sector and 266.99% higher than that of the Consumer Discretionary industry. The net income for all United States stocks is 78.68% lower than that of the firm.
AutoNation Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AutoNation's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of AutoNation could also be used in its relative valuation, which is a method of valuing AutoNation by comparing valuation metrics of similar companies.AutoNation is currently under evaluation in net income category among related companies.
AutoNation Institutional Holders
Institutional Holdings refers to the ownership stake in AutoNation that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of AutoNation's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing AutoNation's value.| Shares | Barrow Hanley Mewhinney & Strauss Llc | 2023-12-31 | 414.4 K | Geode Capital Management, Llc | 2023-12-31 | 414 K | Fuller & Thaler Asset Management Inc | 2023-12-31 | 368.9 K | Goldman Sachs Group Inc | 2023-12-31 | 349.1 K | Wedge Capital Management, Llp | 2023-12-31 | 342.9 K | Gabelli Funds Llc | 2023-12-31 | 327.1 K | Bank Of New York Mellon Corp | 2023-12-31 | 311 K | Charles Schwab Investment Management Inc | 2023-12-31 | 301 K | Horizon Asset Management Inc/ny | 2023-12-31 | 300.8 K | Vanguard Group Inc | 2023-12-31 | 3.6 M | Blackrock Inc | 2023-12-31 | 2.9 M |
AutoNation Fundamentals
| Return On Equity | 0.48 | |||
| Return On Asset | 0.0937 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 14.61 B | |||
| Shares Outstanding | 41.68 M | |||
| Shares Owned By Insiders | 10.90 % | |||
| Shares Owned By Institutions | 84.87 % | |||
| Number Of Shares Shorted | 2.99 M | |||
| Price To Earning | 4.96 X | |||
| Price To Book | 2.90 X | |||
| Price To Sales | 0.24 X | |||
| Revenue | 26.95 B | |||
| Gross Profit | 5.27 B | |||
| EBITDA | 1.73 B | |||
| Net Income | 1.02 B | |||
| Cash And Equivalents | 72.6 M | |||
| Cash Per Share | 8.93 X | |||
| Total Debt | 4.69 B | |||
| Debt To Equity | 2.42 % | |||
| Current Ratio | 1.05 X | |||
| Book Value Per Share | 53.10 X | |||
| Cash Flow From Operations | (89.4 M) | |||
| Short Ratio | 6.48 X | |||
| Earnings Per Share | 22.73 X | |||
| Price To Earnings To Growth | 1.48 X | |||
| Target Price | 173.9 | |||
| Number Of Employees | 25.3 K | |||
| Beta | 1.22 | |||
| Market Capitalization | 6.6 B | |||
| Total Asset | 12.36 B | |||
| Retained Earnings | 4.64 B | |||
| Working Capital | (1.28 B) | |||
| Current Asset | 3.63 B | |||
| Current Liabilities | 2.98 B | |||
| Net Asset | 12.36 B |
About AutoNation Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze AutoNation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AutoNation using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AutoNation based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
AutoNation Investors Sentiment
The influence of AutoNation's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in AutoNation. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to AutoNation's public news can be used to forecast risks associated with an investment in AutoNation. The trend in average sentiment can be used to explain how an investor holding AutoNation can time the market purely based on public headlines and social activities around AutoNation. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
AutoNation's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for AutoNation's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average AutoNation's news discussions. The higher the estimated score, the more favorable is the investor's outlook on AutoNation.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AutoNation in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AutoNation's short interest history, or implied volatility extrapolated from AutoNation options trading.
Pair Trading with AutoNation
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AutoNation position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AutoNation will appreciate offsetting losses from the drop in the long position's value.Moving together with AutoNation Stock
| 0.82 | DIBS | 1StdibsCom Financial Report 8th of May 2024 | PairCorr |
| 0.79 | JD | JD Inc Adr Aggressive Push | PairCorr |
Moving against AutoNation Stock
| 0.8 | BGI | Birks Group | PairCorr |
| 0.76 | AAN | Aarons | PairCorr |
| 0.62 | ETSY | Etsy Inc Earnings Call This Week | PairCorr |
| 0.58 | FL | Foot Locker Financial Report 17th of May 2024 | PairCorr |
| 0.55 | WEYS | Weyco Group | PairCorr |
The ability to find closely correlated positions to AutoNation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AutoNation when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AutoNation - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AutoNation to buy it.
The correlation of AutoNation is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AutoNation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AutoNation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AutoNation can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out AutoNation Piotroski F Score and AutoNation Altman Z Score analysis. To learn how to invest in AutoNation Stock, please use our How to Invest in AutoNation guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for AutoNation Stock analysis
When running AutoNation's price analysis, check to measure AutoNation's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AutoNation is operating at the current time. Most of AutoNation's value examination focuses on studying past and present price action to predict the probability of AutoNation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AutoNation's price. Additionally, you may evaluate how the addition of AutoNation to your portfolios can decrease your overall portfolio volatility.
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Is AutoNation's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AutoNation. If investors know AutoNation will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AutoNation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.12) | Earnings Share 22.73 | Revenue Per Share 604.235 | Quarterly Revenue Growth 0.011 | Return On Assets 0.0937 |
The market value of AutoNation is measured differently than its book value, which is the value of AutoNation that is recorded on the company's balance sheet. Investors also form their own opinion of AutoNation's value that differs from its market value or its book value, called intrinsic value, which is AutoNation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AutoNation's market value can be influenced by many factors that don't directly affect AutoNation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AutoNation's value and its price as these two are different measures arrived at by different means. Investors typically determine if AutoNation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AutoNation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.